bitcoins.tumblr.com Archives - 16 January 2013, Wednesday

“The current market cap is actually at a peak for 2012, exceeding the spike in August. This can be attributed to the fact that tens of thousands of Bitcoins have been introduced into the economy since August.” - “These have shown steady growth over the past year: The number of items l...

“Bitcoin does not have a central organization or authority. […] Rather than thinking of Bitcoin as a product released by a traditional corporation, it is more appropriate to think of it as a self-sustaining digital commodity, similar to gold.” - “The Bitcoin price did NOT fall to $0.0...

Bitmessage is a P2P communications protocol which is used to send encrypted messages to another person or to many subscribers. It is decentralized and trustless, meaning that you need-not inherently trust any entities, like root certificate authorities. It also aims to hide “non-conte...

You have to convert Euros, Dollars, British pounds or Swiss francs to Second Life Lindens before you can trade them for Bitcoin. There are two different types of orders with different fees: Limit Orders (fixed fees) and Market Orders (variable fees based on your trading activity). The...